Each property is unique, therefore for most properties and portfolios we will take the time to understand your requirements and set our fees as a result of our consultation.
Our base management fees are as follows:
- Rent Collect Only 6% + VAT (7.2%)
- Property Management 10% + VAT (12%)
- House in Multiple Occupation Management (HMO) 12% + VAT (14.4%)
Seraph Property Management does not actively market the properties it manages to rent, instead using local agents or offices that are tailored to the specific market.
However, on the occasions when we do rent them directly our fees are as follows:
- Landlord Fee: 50% of one month’s rent + VAT (60% inc VAT)
Advising on rent levels, marketing, and compliance, set up of rental contract (with agent), marketing the property, carrying out viewings, accepting first month’s rent and security deposit and protecting deposit.